Electronics Production |
General Cable acquires Beru SAS in France
General Cable has acquired Beru SAS, a wholly-owned subsidiary of BorgWarner France SAS, located in La Ferte Mace, France.
The business will operate as General Cable Automotive Europe (GCAE) going forward. GCAE is a premier manufacturer of ignition wire harnesses sold into the European automotive OEM market as well as the aftermarket.
General Cable wire harness business now has operations in the United States, Mexico and France. From these locations, the Company is participating in a significant portion of the global automotive market for ignition wire harnesses. In its first year of operations we expect this business to report in excess of $20 million in revenues. This acquisition is important in satisfying multi-national customers who see value in having global partners support their business in the ignition wire harness category."
